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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?

To: fivedollar who wrote (595)	3/16/1998 11:17:00 PM
From: Jim P	Respond to of 2306

Hi Fivedollar, Rumor has it that Resolution is on the wrong side of the fault line.Furthermore they are south of Shell. All the land for sale is north of Shell. It therefore would not make any sense for them to be bidding on April 1,1998. jim P

To: fivedollar who wrote (595)	3/17/1998 1:05:00 AM
From: teevee	Respond to of 2306

Hello everyone, I have had trouble getting in so I finally tried to re-register. That seemed to work. Regarding old messages (I was previously veegee), I am probably longer than most, regarding personal stock positions in this play, and have been for quite some time. Being an old fart, I believe that results will have to lead the market on the various players involved in the Turner Valley area. However, it is not often that 'juniors' in the oil and gas patch get large land positions in "elephant" country like the Turner Valley corridor. I've always been partial to an eloquent speculation (especially if its based on many tens of kilometers of good siesmic data and good geology where there is plenty of hydrocarbon source rock, great reservoir rock and some very interesting 'world class' structures, and some 'long life' production histories in the area with over 90 BCF per section with gas liquids etc.). The posting on the April land sales is accurate. Somebody must get sale notices too! I believe the April 15 sale is the one that will attract the big bucks, being adjoining to the land Shell outbid Bearcat et al for last spring. As to whether Bearcat et al or Resolution (RLN-C) will bid at these sales-who knows who posts and bids? The only info 'joe public' like me gets is the sale results, and even then, only the successful price shows if the winning bidder hides behind a land agent. Having seen alot of seismic data for this area, there appears to be various but discrete structures on everyone's lands (depths varying from 10-12,500 feet). Some targets are the 'second' or lower slice of Turner Valley Formation and some are the deeper Crossfield horizon, and in some cases the targets are stacked. Some of these structures are thrust fault related and others are fold related. The more success companies like Shell and Imperial Oil have, the better for everyone. Lets hope old Mother Nature smiles on us all.